Diversified Financial Services

Company Overview of BSE Ltd.

Company Overview

BSE Limited, a stock exchange, together with its subsidiaries, provides market for trading in equity, debt instruments, derivatives, and mutual funds in India. It also offers depository and record-keeping services to the securities industry that facilitate dematerialization of holding of securities and book-entry settlement; and clearing and settlement functions for trades reported on the debt and mutual fund segments of the company, for trades executed on all the other segments of the company, and for the currency derivatives segment of United Stock Exchange, as well as collateral management and risk management services for various segments of stock exchanges. In addition, the company provi...

BSE Limited, a stock exchange, together with its subsidiaries, provides market for trading in equity, debt instruments, derivatives, and mutual funds in India. It also offers depository and record-keeping services to the securities industry that facilitate dematerialization of holding of securities and book-entry settlement; and clearing and settlement functions for trades reported on the debt and mutual fund segments of the company, for trades executed on all the other segments of the company, and for the currency derivatives segment of United Stock Exchange, as well as collateral management and risk management services for various segments of stock exchanges. In addition, the company provides financial education services, such as short term courses, international programs, and certification examinations on financial and securities markets; market data and information products; and other services to corporate clients, such as book building software, buy-back facilities, and reverse book building software. Further, it offers IT solutions with focus on equity, stock, commodities, banking, and financial services markets that include E-Boss, an online surveillance module; SLB, the stock lending and borrowing system; MF-IML, an order routing solution; FASTARDE, a terminal based and Internet based market access solution; FASTARDE on Web; FASTARDE on Mobile; BSE StAR MF, an online mutual fund transaction platform; and BSE SME platform for trading in equities of small-and-medium enterprises. The company was formerly known as Bombay Stock Exchange Limited and changed its name to BSE Limited in July 2011. BSE Limited was founded in 1875 and is based in Mumbai, India.

BSE Ltd. Key Developments

CDSL Reportedly Mulls IPO

Jan 9 15

Central Depository Services India Limited (CDSL) intends to launch an initial public offering (IPO). BSE Ltd. and other shareholders plans to sell 25% to 30% stake in CDSL, said two sources close to the development. If the stake sale happens at the expected price, it would value CDSL at approximately INR 12 billion. Promoters of CDSL and top officials of the depository had met some time ago to discuss the valuations and other details, the sources said. Kotak Bank may be roped in to manage the issue. Responding to an email query from ET, CDSL said it had no comments to offer in the matter. BSE also declined to comment.

CDSL Reportedly Initiates The Process Of IPO

Jan 8 15

Central Depository Services India Limited (CDSL) said on January 8, 2015 that it has initiated the process to launch an initial share sale. Its major shareholder BSE Ltd. and a clutch of banks want to sell 25%-30% in the share depository for INR 3 billion-INR 4 billion in a public offering, said two sources close to the development, reported media. Promoters of CDSL and top officials of the depository had met some time ago to discuss the valuations and other details, the sources said. Responding to an email query from Economic Times, CDSL said it had no comments to offer in the matter and BSE also declined to comment, reported Economic Times.

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